Japanese Automakers Honda, Nissan and Mitsubishi End Talks on Integrating Their Businesses
TOKYO (AP) — Japanese automakers Honda, Nissan and Mitsubishi said Thursday they are dropping their talks for a business integration. The automakers agreed to end their agreement regarding the consideration of the structure for a collaboration of the trio, their joint statement said.
Honda, Nissan abandon plans for merger to create a mega Japanese automaker
Honda and Nissan announced Thursday they were terminating negotiations for a mega-merger that would have created the world's third-largest car company.
Japanese automakers Honda, Nissan and Mitsubishi ending talks on business integration
TOKYO -- Japanese automakers Honda, Nissan and Mitsubishi say they are ending their talks on a business integration.
Japan's Honda and Nissan scrap merger talks
Japanese auto giants Honda and Nissan confirmed on Thursday they had scrapped merger talks that would have created the world's third-largest automaker by unit sales.
Nissan projects an annual loss as it drops its talks with Japan rival Honda
Nissan’s April-December profit crashed to 5.1 billion yen, or $33 million, a tiny fraction of the 325 billion yen profit the Japanese automaker recorded the previous year.
Honda and Nissan scrap $50 billion merger plan
The Japanese companies’ decision to call off negotiations highlights the challenges legacy automakers face in partnering to tackle new technologies.
Honda, Nissan Decide Not To Merge After All
Nissan balked at becoming a minor player in the partnership with Honda, sources told Japanese media. TOKYO (AP) — Japanese automakers Honda, Nissan and Mitsubishi said Thursday they are ending talks on business integration.
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Japanese automakers Honda, Nissan, Mitsubishi drop their talks on business integration
Honda, Nissan, and Mitsubishi end talks on business integration, focusing on individual turnarounds in the auto industry.